The Internal Revenue Code of 1986, as amended (the “Code”), requires the trustee ... the trust to a beneficiary is deemed to come first from the income of the trust. For example, if a trust ...

For example, your trust documents might say a portion of a beneficiary ... Your letter of wishes can answer these questions for them. Without it, the trustee has to make a judgment call, creating ...

Trustees are often given discretion over the circumstances under which a distribution may be made from a trust to a ...